Roger Froikin wrote, "The Congressional Budget Office (CBO) estimate of the increased debt of the Biden Plan has underestimated the debt it will create.
BECAUSE IT DOES NOT INCLUDE INFLATION
1)
BECAUSE IT DOES NOT INCLUDE INFLATION
1)
AND IT DOES NOT INCLUDE THE PROSPECT THAT ADDITIONAL TAXES WILL DISCOURAGE BUSINESS INVESTMENT AND GROWTH AND MAY CAUSE COMPANIES TO MOVE OUTSIDE THE USA.
2)
2)
I would estimate that the additional debt will not be the $ 367 Billion the CBO states, but will more likely be closer to $ 1.5 Trillion additional Debt.
Separate from the details of this bill which would not pass public scrutiny.
$ Billions of advantage for Trial lawyers
3)
Separate from the details of this bill which would not pass public scrutiny.
$ Billions of advantage for Trial lawyers
3)
$ Billions of breaks for Labor Unions.
And worse.
Note that the Democrats praised the CBO before it disagreed with Biden's claim of zero cost.
But now, the same Democrats claim the CBO is wrong and does not understand.
Typical."
4)
And worse.
Note that the Democrats praised the CBO before it disagreed with Biden's claim of zero cost.
But now, the same Democrats claim the CBO is wrong and does not understand.
Typical."
4)
@threader_app compile
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